Tag: revenue management
Centralized Data Hubs: How PMS Can Help on the Road to Recovery
Since the pandemic, innovations in technology have transformed hotel operations. The industry has experienced widespread adoption of contactless solutions, IoT-enabled guest amenities, AI-supported operational...
Four Reasons to Build Revenue Management Strategies for Spa Outlets
Revenue management for hotel guestrooms has been an important part of property strategies for decades. Other outlets—like spas, restaurants, sportsbooks, pools, and retail shops—are...
Hotel Owners With CMBS Debt Who Deferred Payments in 2020 Might Face Dilemma
Most hotel owners received some type of forbearance on their loan payments due to the COVID-19 virus. Along with government assistance, this allowed the...
Automated RMS Can Help Hoteliers Prepare for Upticks in Travel
The hospitality industry is seeing an uptick in travel activity for the first time since lockdowns began in 2020. Expected high occupancy might be...
Finding the Right Fit: Transactional or Relationship Selling
As many are predicting a U.S. travel surge for summer 2021 following the COVID-19 pandemic, the hospitality industry is moving into the next phase...